Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
16 NORTON LANE is a midsized extended detached house of 128m², built sometime between 1930 and 1949. It was last sold for £396,000 in August 2018, which was around 8% below the average August 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 16 NORTON LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. The three 16 NORTON LANE sales were a mix of below the average price, and roughly equal to the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2018 24 AUG | £396,000 | £428,906 | 8% below HPI |
2008 29 SEP | £300,000 | £299,478 | Close to HPI |
1997 28 FEB | £103,000 | £115,672 | 11% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 16 NORTON LANE sales between February 1997 and August 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2008 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
16 NORTON LANE is 128m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 50% of detached houses in Wythall, based on EPC data. The below chart shows the distribution of detached houses by size in Wythall, and where 16 NORTON LANE lies on this distribution: 54% of detached houses are smaller than 16 NORTON LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Wythall.
16 NORTON LANE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 16 NORTON LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 NORTON LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
16 NORTON LANE is located in WYTHALL, in the B47 postcode district. The below map shows the position of No. 16 on NORTON LANE.